By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Two small, ordinary instincts. Combined, they can undo weeks of otherwise careful trading. This is loss aversion ego trading account behaviour in its purest form — two ordinary instincts, reinforcing each other until neither backs down. Neither one, alone, is dramatic. Loss aversion…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com The plan said one trade today. The account shows six, and the sixth one started thirty seconds after the fifth one closed. Trading addiction psychology describes exactly this: not one dramatic decision, but a string of small ones that quietly add up. The…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Once the chart stops supporting a position, what keeps it open is usually the fear of what admitting-wrong would say about the person holding it. Ego in trading psychology rarely gets discussed as arrogance, even though that’s the version most people picture. It…
By Sofia Harchich | Trading Psychologist & Behavioral Finance Writer| thewealthmirror.com The loss already happened. What happens next is being decided right now, in the space between the loss and the next trade. A big loss doesn’t end when the position closes. It continues in the hours and days after — in the hesitation before…
By Sofia Harchich | Trading Psychologist & Behavioral Finance Researcher | thewealthmirror.com What looks like a discipline problem is often a nervous system doing the only thing it knows how to regulate itself: taking action. Understanding overtrading psychology starts with this: there’s a version of overtrading that looks productive. The charts are open, the trades…
By Sofia Harchich | Trading Psychologist & Behavioral Finance Writer | thewealthmirror.com You know what you’re doing wrong. You’ve known for a while. So why does it keep happening? The Loop That Won’t Break. You promised yourself last time would be the last time. Maybe you moved your stop loss again. Maybe you held a losing trade…
Understanding the psychology behind revenge trading — and the only way out of the loop.
